CoinDesk Indices presents its daily market update, shedding light on the performance of leaders and laggards in the CoinDesk 20 Index.
As of the latest update, the CoinDesk 20 is currently trading at 2616.04, reflecting a decline of 4.5% (-123.93) since 4 p.m. ET on Thursday. Throughout this period, none of the 20 assets within the index have managed to record gains, indicating a challenging market scenario.
Among the assets analyzed, Bitcoin (BTC) and Bitcoin Cash (BCH) emerged as the leaders with decreases of 2.5% and 3.6% respectively. In contrast, the more significant laggards for this trading session are Polygon (POL) and SUI, both experiencing substantial declines of 8.3%.
The CoinDesk 20 serves as a broad-based index that is traded across multiple platforms and regions worldwide. This diversity underscores its significance as a benchmark for understanding the broader cryptocurrency market trends.
